Big news on the designation front. It seems Harris University is being sued by the Distressed Property Institute for copyright infringement.

Harris U has a designation called the Certified Distressed Property Designation (CDPD). Personally I thought this was a bit too close to the Institute's Certified Distressed Property Expert (CDPE) for comfort. Will be interesting to see what happens.

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While I think CDPE is the best one out there, I can't stand the name. I don't believe it is ethical for an agent to go around marketing themselves as a distressed property "expert" after taking a weekend class! We had a CDPE call our office a few months ago and ask how to write an offer on a short sale property!! Some expert! Heck, I've done hundreds of these things and an expert is something I'm hesitant to call myself.

Definitely interesting to see how this will pan out...

I think the names are too similar
I understand that Short Sale Genius is finally breaking down and may offer a designation. Up until now they have had good training but no "letters" to go with it. But I heard that there will actually be tests to must be passed.

"Expert", "Specialist" or just plain designation of some kind implies not only knowledge but experience. Too bad no one is attacting experience requirements to their designations.



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